financetom
Business
financetom
/
Business
/
Sterlite Power commissions 765-kV Khandwa substation in Madhya Pradesh
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sterlite Power commissions 765-kV Khandwa substation in Madhya Pradesh
Apr 23, 2020 3:50 AM

Sterlite Power on Thursday announced commissioning of the 765-kilovolts (kV) Khandwa substation in Madhya Pradesh.

"Sterlite Power, a leading global power transmission player, commissions the 765-kV Khandwa substation in Madhya Pradesh, which is part of the Khargone Transmission Ltd (KTL) project," according to a statement by the company.

This will help in stepping down high-voltage 1,320 MW power from the Khargone Power Plant to further distribute it downstream to 50 million households across the states of Madhya Pradesh, Maharashtra and Gujarat, it said.

So far, Sterlite Power has commissioned 5 out of 6 elements in the project -- 765-kV substation at Khandwa, 765-kV DC Khandwa-Indore transmission line, 400-kV DC Khandwa-Khargone transmission line, 400-kV line-in line-out (LILO), and Dhule Bay Extension.

Sterlite Power won the Rs 1,370-crore Khargone transmission project in 2015 through a tariff-based competitive bidding process and is executing it under the build-own-operate-maintain (BOOM) model.

Sterlite Power is a leading developer of power transmission infrastructure with projects of over 13,670 circuit kms and 24,800 mega volt amp in India and Brazil.

First Published:Apr 23, 2020 12:50 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings
Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings
Nov 15, 2024
NEW YORK (Reuters) - Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health ( CVS ) and added to existing bets and established a new position during the third quarter, according to regulatory filings. Longtime investor Glenview Capital Management bought 2.8 million CVS shares during the third quarter, increasing its stake by 31%....
California officials conclude spill response at Chevron's Richmond Wharf
California officials conclude spill response at Chevron's Richmond Wharf
Nov 15, 2024
Nov 14 (Reuters) - California officials said on Thursday that they have concluded the spill response at Chevron's ( CVX ) Richmond Wharf port facility in the state but noted that an investigation will continue. An investigation into the source of the spill is underway. No observed impacts to wildlife at this time, the Office of Spill Prevention and Response...
Netflix hopes for live sports knockout with Paul-Tyson fight
Netflix hopes for live sports knockout with Paul-Tyson fight
Nov 15, 2024
NEW YORK (Reuters) - A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix ( NFLX ), as the media giant hopes to cash in on sports' sprint to streaming. The intergenerational showdown has all the makings of a crossover hit, with 58-year-old Tyson bringing in the...
Analysis-New alumina supplies in 2025 poised to rupture record price rally
Analysis-New alumina supplies in 2025 poised to rupture record price rally
Nov 15, 2024
BEIJING/LONDON (Reuters) - New capacity for converting bauxite into alumina due online next year is set to ease tight supplies and potentially halt a record-breaking price rally of the material used to make aluminium. Higher alumina prices outside China have turned the top producer and consumer into a net exporter this year from a net importer and boosted prices of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved